Wednesday, September 8, 2010

"LED Stocks Tumble As Avian Downgrades Veeco, Aixtron" (AIXG; CREE; VECO)

Important update: "Will the Bleeding End for Cree, LED Stocks?" (AIXG; CREE; VECO)

Original post:
From Tech Trader Daily:
Stocks in the LED lighting sector are trading lower after Avian Securities analyst Andy Abrams this morning downgraded both Aixtron (AIXG) and Veeco (VECO) to Neutral from Positive, citing higher LCD inventories, weaker consumer spending spreading to China and utilization cuts at the LCD makers....MORE